Ottawa and partners commit $60 million to natural resources and environmental genomics projects, applied research funding at Canadian colleges gets a boost, and more.
Topic: healthcare startups
The Short Report – March 31, 2021: Canadian government invests $925 million in biomanufacturing, funding for variants research, a new digitalization centre, and more
Ottawa announces major funding to expand Sanofi Pasteur’s Ontario facility for domestic biomanufacturing and vaccine preparedness; there’s new funding support for COVID-19 variants research and a new national network, and Siemens launches its first centre to accelerate the digitalization of energy and infrastructure in Canada.
Canada’s innovation sector secures new federal emergency support for startups
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.